>>The Latest
(Undated) -- Here are the stories making news this hour: President Obama starts his holiday weekend at Camp David today. Well over one thousand Tea Parties are set nationwide tomorrow. An economist has a very dire prediction about housing prices in the U.S. And, South Carolina Governor Mark Sanford will be spending the weekend with his family in Florida.
>>Obama Heads To Camp David Before Overseas Trip
(Undated) -- President Obama begins the Fourth of July weekend this afternoon with a departure to Camp David. Obama will be celebrating his daughter Malia's eleventh birthday tomorrow at the presidential retreat. Sunday, he leaves the U.S. for a trip that will take him to Russia, Italy and Ghana. Among the world figures Obama will be meeting with will be Pope Benedict and Russian President Medvedev [[ med-VEH-dev ]]. The President will also take part in the G8 global economic summit. Obama's trip will conclude in Ghana.
>>Anti-Tax Tea Parties Set For July Fourth
(Undated) -- About 13-hundred anti-tax Tea Parties are set nationwide tomorrow. The "San Francisco Chronicle" reports one of the Tea, or Taxed Enough Already parties in California, will be more of an event in honor of Independence Day. The major unifying factor in the parties is frustration over President Obama's policies. Many of those who will be part of the protests will be asked to complain to their congressional representatives for supporting the energy and climate bill that passed the House last week. The Tea Parties are also inviting participants to register as independents to protest both major political parties.
>>Home Prices Forecast To Take Deep Plunge
(New York, NY) -- Homeowners in the U.S. had better hope a forecast by a Barclays Capital economist is very much off the mark. Michelle Meyer is predicting prices will fall by a double-digit percentage. She also says by the time foreclosures peak in the second half of 2010, there will be an overall 40-percent decline. According to Meyer, quote, " the market will likely remain out of balance for some time, given the flood of foreclosures." Her prediction was issued right after Standard & Poors/Case-Shiller Home Price Index showed an 18-point-one percent year-to-year drop for April in the rate of home price declines in 20 major cities.
>>Sanford To Be In Florida With Family
(Undated) -- South Carolina Governor Mark Sanford will be heading south for the holiday weekend, but not as far down as Argentina. That's where the woman he had been having an extra-marital affair lives. In an e-mail to FOXNews.com, Sanford's spokesman Joel Sawyer says the governor plans to spend the weekend with his family in Florida. The "Palm Beach Post" reports that his wife Jenny has been staying at her parents' home near Palm Beach. Sawyer also says Sanford has no plans to step down as governor, temporarily or otherwise.
>>Hot Dog Eating Contest Tomorrow
(New York, NY) -- An event as traditional as fireworks on the Fourth is held tomorrow. Nathan's Famous Fourth of July International Hot Dog Eating Contest will take place at the company's flagship store in Coney Island, New York. The contest has been held every Independence Day since 1916.